Justin Post

Just wondering if it's the loyalty program, leisure growing faster than business, what's helping the industry take share

Do you think the gap between bookings growth and room night growth can grow

can you just remind us of what happened last year, why it was so strong? And how you're thinking about forward holiday bookings

could you also comment on what you're seeing in those kinds of macro sensitive metrics from your Europe and APAC customers

So were some of those nights borrowed in Q4? And then maybe talk about summer booking pacings, if you can.

Can you talk a little bit about how that might translate to higher margins or better loyalty, better repeat rates

Are you seeing any cannibalization of search

comment on the pace of innovation in frontier models

How are you doing with Gemini subscriptions

Is it accelerating as you integrate more AI

I'm just wondering if you're seeing a general acceleration in e-commerce activity. Where do you think the dollars are coming from? And is the entire Internet ecosystem accelerating?

How do you think about expanding your opportunities beyond ads? Things like subscriptions or licensing cloud models

how do you think about margins in this content cycle? Any reason to think they would be different versus prior cycles

how are you thinking about the ROI? And are you optimistic about the long-term returns?

Do you think of all this capacity mostly for internal uses? Or do you think there's a way to share or even come up with a business model where leveraging that capacity for external uses?

your CapEx spend is now on close to some hyperscalers with very big client bases? Just help us conceptualize the kind of ecosystem you're building with your CapEx

Just on the guide in the second quarter, there are reports of potential supply issues in e-commerce. How you thought about that in the guide, and maybe how you're thinking about it for the back half?

How do you think about monetizing that? Could it be CPC ads? Or how are you thinking about that?

do you think the content could change? Could it appeal to more users? Will that impact advertising at all?

how do you think about the impact of AV ramps from, say, Tesla or Waymo in those cities on market share and your profitability

how you are thinking about the investments you are going to need over the next 12, 18 months to really scale your business

really, maybe talk about that and your partnership pipeline here for the next 6 months or so

any impact on mobility rides or pricing or delivery - you know, lower AOVs or anything like that on the macro, or contemplated going forward

maybe talk about what would drive you down to 17, 18% constant currency or what would cause you to be more at the higher end of the 21% in Q1

Can you talk about how you think the market could evolve from here and why it might not be just two companies and what you're seeing globally